Joe,
If I recall correctly, the sale never went through. Unfortunately, all of the club archives were lost when the club's historian died.
On Pete Trenham's History of the PGA Philadelphia website, there are references to Melrose in 1930, 1932, 1934, 1936 and 1937 including this reference to the Section Championship:
1933
August 28, 29 & 30---Huntingdon Valley Country Club---Huntingdon Valley, PA---Par 70
Host Professional---George Low, Sr.
Winner---Charles Schneider, Sr.---Melrose Country Club---9 & 8
Runner-up---Joe Brennan---Bankers Country Club
Medalist---Howard Slattery---Valley Forge Golf Club---70